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$629,900
Available - For Sale
Listing ID: X11967098
LOOKING TO ADD A PRIME PROPERTY TO YOUR PORTFOLIO? THIS HISTORIC MIXED-USE BUILDING IS THE PERFECT OPPORTUNITY! With numerous updates over the years, including a furnace, AC, and roof (2016), this well-maintained property offers both stability and potential. The main floor features a commercial space with a reliable tenant on a 5-year lease, while the second and third floors each house spacious 3-bedroom units on a month-to-month basis. Generating a strong gross income of $61,800, this is an investment you don't want to miss! Showings require a minimum of 24 hour notice schedule yours today!
Price $629,900
Taxes: $3,527
Tax Type: Annual
Assessment: $212000
Assessment Year: 2024
Occupancy by: Tenant
Address: 703 Talbot St , St. Thomas, N5P 1E1, Ontario
Postal Code: N5P 1E1
Province/State: Ontario
Legal Description: PT BLK D N/S TALBOT ST, E N/S TALBOT ST
Lot Size: 28.83 x 130.46 (Feet)
Directions/Cross Streets: Talbot Street East Of Ross Str
Zoning: C2
Category: Retail
Building Percentage: N
Total Area: 3,520
Total Area Code:  Sq Ft
Gross Income/Sales: $61800
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Outside Storage: N
Crane: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP

703 Talbot St , St. Thomas, N5P 1E1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: 28.83 x 130.46(Feet)
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Tax: $3,527
Maintenance Fee: $0
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